📉 $PENDLE /USDT – Active Short Trade Alert 🚨
Current Price: $3.812
🔻 Trade Plan:
Entry Range: $3.81 – $3.86
Target 1: $3.73
Target 2: $3.66
Target 3: $3.58
Stop Loss: $3.95
📊 Key Technical Levels:
Resistance: $3.947
Support: $3.680
📌 Market Overview:
Price recently formed a lower high after being rejected at the $3.94 resistance
1-hour chart shows dominant bearish candles
Momentum is shifting downward, with strong selling pressure near $3.80
💡 Trading Tip:
Look for a decisive break below $3.80 to confirm bearish momentum. Consider using trailing stops after hitting Target 1 to maximize potential gains on further downside.
